4imprint Group plc (FOUR.L), an international promotional products business, Thursday reported higher profit and revenue for the first half of the year and increased its dividend.
Profit for the period surged to 10.16 million pounds from 2.81 million pounds. Earnings per share increased to 38.19 pence from 10.65 pence.
Profit from continuing operations advanced to 1.53 million pounds from 1.01 million pounds.
Pre-tax profit climbed to 2.46 million pounds from 1.64 million pounds.
Revenue improved to 88.36 million pounds from 75.84 million pounds.
The Board declared an interim dividend of 5.25 pence, compared to 5.00 pence last year.
John Poulter, Chairman, said, "We are well positioned to take advantage of the growth opportunities presented by 4imprint Direct Marketing's large and highly fragmented market and, notwithstanding any significant macroeconomic changes to the markets it serves, the Group remains on track for a continued good performance in the second half year."
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by RTT Staff Writer
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